Colonial Drive Mentor, OH 44060

Beds	Baths	Price
2 beds	2.0	$50,000

last updated: 3 months, 18 days ago

Colonial Drive

Mentor, OH 44060

Condo Foreclosure

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This is a Bank Owned (REO) property. Typically, a property becomes a full-fledged foreclosure when it is repossessed by the foreclosing lender, who can take possession either through what's called a deed-in-lieu-of-foreclosure agreement with the owner during the pre-foreclosure period or through a winning bid at the public auction. Foreclosing lenders are often motivated to sell bank-owned properties (also known as REOs) quickly because they are non-performing assets.

A Bank-owned property is in the final stage of the foreclosure process. Ownership has reverted to the lender.

Students who live in this condo attend the following Mentor Exempted Village School District (Unified School District) public schools*:

School Level	School
Primary School	Fairfax Elementary School
Middle School	Memorial Middle School
High School	Mentor High School

*School attendance boundaries are constantly changing and may contain errors. Always verify them with school administration before making any commitments relating to this property.

Property Web Site

RealtyTrac

Type	Name	This Listing
Zip Code	44060	22% less
City	Mentor	29% less
County	Lake	20% less
Congressional District	14	24% less
State	OH	the same
Area Code	440	20% less
Primary School	Fairfax Elementary School	34% less
Middle School	Memorial Middle School	32% less
High School	Mentor High School	22% less
Unified School District	Mentor Exempted Village School District	22% less

More detailed statistics...

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Yahoo!-Zillow Real Estate Network

	Zip Code		City		County
	44060		Mentor		Lake
this listing	$50,000	this listing is...	$50,000	this listing is...	$50,000	this listing is...
median price	$63,880	21.7% less	$70,152	28.7% less	$62,646	20.2% less
average price	$73,161	31.7% less	$74,963	33.3% less	$69,239	27.8% less
	Metro Area		Congressional District		State
	Cleveland-Elyria-Mentor, OH		OH 14		OH
this listing	$50,000	this listing is...	$50,000	this listing is...	$50,000	this listing is...
median price	$51,076	2.1% less	$66,000	24.2% less	$50,000	the same
average price	$56,645	11.7% less	$73,321	31.8% less	$57,605	13.2% less
	Area Code		Primary School		Middle School
	440		Fairfax Elementary School		Memorial Middle School
this listing	$50,000	this listing is...	$50,000	this listing is...	$50,000	this listing is...
median price	$62,617	20.1% less	$75,905	34.1% less	$74,000	32.4% less
average price	$69,673	28.2% less	$67,850	26.3% less	$70,499	29.1% less
	High School		Unified School District
	Mentor High School		Mentor Exempted Village School District
this listing	$50,000	this listing is...	$50,000	this listing is...
median price	$63,880	21.7% less	$63,880	21.7% less
average price	$73,161	31.7% less	$73,161	31.7% less

mortgage term:	(years)
annual interest rate:	(%)
down payment:	($)

Colonial Drive Mentor, OH 44060

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